#165
At a Glance
Products & Services: Wood floor & cabinet renewal systems
Number of Locations: 218
Total Investment: $30.5K - 130.85K
Founded: 2001
Began Franchising: 2003
About N-Hance
N-Hance is a division of Harris Research Inc., which also franchises Chem-Dry. Franchisees restore and repair wood floors and cabinets without sanding and use water-based polyurethane finishes.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 201 | 17 | 0 | 0 |
| 2011 | 192 | 11 | 0 | 0 |
| 2010 | 192 | 5 | 0 | 0 |
| 2009 | 161 | 1 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Startup Costs, Ongoing Fees and Financing
Total Investment: $30,500 - $130,850
Franchise Fee: $21,200 - $47,000
Ongoing Royalty Fee: $225-674/mo.
Term of Franchise Agreement: 5 years, renewable
Franchise Fee: $21,200 - $47,000
Ongoing Royalty Fee: $225-674/mo.
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Net Worth: $15,000
Liquid Cash Available: $15,000
Operations
Franchise can be run from home. 50% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2. Absentee ownership of franchise is NOT allowed. (99% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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| Equipment | ||
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How This Franchise Supports Franchisees
Training: Available at headquarters: 1 week. At franchisee's location: As needed.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet
Marketing Support: Ad slicks,
Franchise Ranking History
Fastest-Growing: #60 (2011),
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